Question No: 51 – (Topic 1)

quot;It contains a complete set of indexed contract documentation. It is prepared to be included with the final project files.quot;

Procurement file

Project charter

Risk register

Stakeholder register

Answer: A

Question No: 52 – (Topic 1)

Which of the following techniques is used to acquire the required services from outside sources when the organization lacks the internal staff required to finish a project?

Pre-assignment

Negotiation

Virtual team

Acquisition

Answer: D

Question No: 53 – (Topic 1)

You work as a project manager for PassGuide Inc. You have to evaluate the performance efficiencies of a project. The table given below has the following related values: Which of the following will be the cost variance (CV) of the project at the current point of time?

A. 25

B. -25

C. 30

D. -30

Answer: C

Question No: 54 – (Topic 1)

You are the project manager of the NHQ Project and are trying to determine which seller you should choose for the project. You have received proposals from six vendors and they are all very good proposal, qualified to complete the project work, and the prices are close to the same. You would like to create method of ranking each vendor based and assign a score value to several

different categories. Because the project is a high-profile project, you have assigned 25 points to experience and 10 points for all of the other categories to judge the vendors. This is considered what type of source selection process?

Screening system

Weighting system

Preferred vendor list

Benefits-cost analysis

Answer: B

Question No: 55 – (Topic 1)

You work as a Project Manager for PassGuide Inc. You are developing the schedule for

your project. Your project deals with the construction of a new building for PassGuide Inc. You want to break the project into small, individual, and manageable components. Which of the following tasks will you perform in the above scenario?

Create WBS.

Create a Gantt chart.

Create an activity diagram.

Create a PERT chart.

Answer: A

Question No: 56 – (Topic 1)

Which of the following elements facilitates people to know large amounts of information as a picture rather than a table of names and numbers?

Risk register

Stakeholder register

Project charter

Organization chart

Answer: D

Question No: 57 – (Topic 1)

Which of the following tasks are performed by the scope development process? Each correct answer represents a complete solution. Choose all that apply.

To facilitate clear responsibility assignments

To define a baseline for performance measurement and control

To determine whether a scope change has occurred

To improve the accuracy of cost, duration, and resource estimates

Answer: A,B,D

Question No: 58 – (Topic 1)

Which of the following is the process of monitoring cost performance and controlling changes to the cost baseline?

Cost control

Bottom-up cost estimation

Cost budgeting

Performance review

Answer: A

Question No: 59 – (Topic 1)

Mark works as a project manager for PassGuide Inc. His project is in an emergency situation. For this reason, he has hired a trader who is about to join immediately. Which of the following types of contract is needed in such a situation?

Incentive-based contract

Letter contract

Fixed fee contract

Time and materials contract

Answer: B

Question No: 60 – (Topic 1)

You work as a project manager for PassGuide Inc. Which of the following risk response planning techniques will you use to shift the impact of a threat to a third party, together with the ownership of the response?